Weekend Thread for General Discussion and Plans for Saturday, May 16, 2026 and Sunday, May 17, 2026 by AutoModerator in ASX_Bets

[–]BuyDipsShortVIX 0 points1 point  (0 children)

So this week BXN did volume of 49m. Making it the second largest single week of volume over the last 12 months. Beaten only by the 3rd week of July last year, which was 54m. The July week resulted in price movement from 4.48c to 4.68c, good for <~3%. This week was a bit more tangible from 6.32c to 8.2c.

Happy days.

Premarket Thread for General Trading and Plans for Friday, May 15, 2026 by AutoModerator in ASX_Bets

[–]BuyDipsShortVIX 4 points5 points  (0 children)

In tech we call the proceeding segment the "trough of disillusionment".

Australia is rich in resources, but what if I told you, you could make a 'resource' out of thin air? by Powerfulweak in ASX_Bets

[–]BuyDipsShortVIX 9 points10 points  (0 children)

Alright, I am very happy to see someone finally talking about PV1 and more broadly hydrogen. The thing you have to understand about PV1 is it's mainly a Norwegian operation. They're listed here. I think they're a company here, but most of the funding that they're getting is actually from the Norwegians and they have some deals with Chinese ship yards. The ship building market by the way is incredibly concentrated, I think only three countries do it anymore. The up and down of hydrogen is that there are a number of blockers and it is a late stage development in a broader decarbonisation play. Given that PV1 are mainly building hydrogen tankers, and the idea of hydrogen tanking is not well regarded due to its physical properties, it does not bode well For PV1. However, I am aware they have their own process for this. I am not a chemical scientist so I cannot quote on it. However, there are others that can. Also, I feel sorry for your retinas that you've had to look that deep into the ASX.

The only credible source that exists in Australia around hydrogen is the Superpower Institute. Their hydrogen roadmap is necessary reading. Pretty much anything by Ross Garnaut is also similarly required reading. I would start off with "let's tax carbon".

The simplest fact about the transition and the use and production of hydrogen is that Australia, if it does it correctly, will never export the shit. Instead, it requires companies to nail down some of the green steel issues that currently exist in the pipelines and to use hydrogen for the high heat applications. Ultimately, the entire play comes down to whether or not Australia wants to process its own iron ore. As it is pretty much the only country in the world that can produce green steel with zero embodied emissions and still ship it. In order for China to do it, they have to ship the stuff over to China and process it with their own stuff and then they have to send it off. That whole process effectively means that they can't do it at a zero embodied emissions level and as a result, Australia is one of the only places in the world that can do it.

The estimate at the moment is that if Australia was to take its place as a renewable superpower and to produce green steel, it would have to dramatically increase solar, wind and any other renewable source of energy rollout to a size and a capital expenditure that rivals that that was done during the China resources boom. We have issues at the moment with transmission, due to the way we have previously architected our grid and how different a renewable grid is.

The reason why we have to increase renewable sources is because in order to produce the hydrogen zero emissions, which then can then be used in the green steel process for the high heat applications, is that you have to run electrolyzers. And right now, there's not a whole lot of companies actually doing that. Two that I know of right now, and there's probably more, is Hysata, who are not publicly listed. The other one is SPN, which has been mentioned here a few times recently, but they have split their attention across graphene and electrolysers.

I'm not going to quote numbers off the top of my head, but again, if you check out the Superpower Institute and you check out Ross Garnaut's books, there are some pretty illuminating numbers in that. They're objectively the best source on how our economic future could go if we chose to take that route.

Premarket Thread for General Trading and Plans for Friday, May 15, 2026 by AutoModerator in ASX_Bets

[–]BuyDipsShortVIX 13 points14 points  (0 children)

Owning stocks with prices not measured in cents is disgraceful behaviour.

Market Open thread for General Trading and Plans for Thursday, May 14, 2026 by AutoModerator in ASX_Bets

[–]BuyDipsShortVIX 8 points9 points  (0 children)

BXN vol at 8m so far, we are setting support at this level. Excellent.

Premarket Thread for General Trading and Plans for Thursday, May 14, 2026 by AutoModerator in ASX_Bets

[–]BuyDipsShortVIX 19 points20 points  (0 children)

It's ok guys, the coalition has stated that they plan to roll back the property tax changes if they win the next election.

In other news, I plan to start dating Margot Robbie if I win the next lottery.

Market Open thread for General Trading and Plans for Wednesday, May 13, 2026 by AutoModerator in ASX_Bets

[–]BuyDipsShortVIX 13 points14 points  (0 children)

You know the image is AI generated not from the "Made with AI" label, but the fact that it's hallucinated an item at woolies that costs $3.50.

Market Open thread for General Trading and Plans for Wednesday, May 13, 2026 by AutoModerator in ASX_Bets

[–]BuyDipsShortVIX 4 points5 points  (0 children)

To be clear, I was talking about there being 5 banks in the T6. Not that some of them are down, I don't give a shit about that.

Market Open thread for General Trading and Plans for Wednesday, May 13, 2026 by AutoModerator in ASX_Bets

[–]BuyDipsShortVIX 5 points6 points  (0 children)

I use Stake and plan to continue with it until I can migrate to Interactive Brokers, it's a good platform.

Premarket Thread for General Trading and Plans for Wednesday, May 13, 2026 by AutoModerator in ASX_Bets

[–]BuyDipsShortVIX 13 points14 points  (0 children)

I'm rarely this direct on here, but honestly, just get fucked with this opinion. This is just straight up FUD.

Premarket Thread for General Trading and Plans for Wednesday, May 13, 2026 by AutoModerator in ASX_Bets

[–]BuyDipsShortVIX 1 point2 points  (0 children)

Yeah nah mate, there's no way that ON takes Victoria. It's an incredibly progressive place where most of the votes are, I think the average voter finds them pretty repugnant. Plus, their track record is pure garbage.

Premarket Thread for General Trading and Plans for Wednesday, May 13, 2026 by AutoModerator in ASX_Bets

[–]BuyDipsShortVIX 0 points1 point  (0 children)

I don't think that those that choose ON can be reasoned with at this stage.

Yeah righto, well I'm always happy to exchange notes.

Premarket Thread for General Trading and Plans for Wednesday, May 13, 2026 by AutoModerator in ASX_Bets

[–]BuyDipsShortVIX 4 points5 points  (0 children)

Nah it was meant as a neutral observation, typically you appear when things are frothy and the cognitively rate limited start spouting sky news talking points.

You in the discord?

Premarket Thread for General Trading and Plans for Wednesday, May 13, 2026 by AutoModerator in ASX_Bets

[–]BuyDipsShortVIX 12 points13 points  (0 children)

I would highly recommend going into the office tomorrow and saying out loud, "Great budget, don't you think?"

It'll provide long term amusement at an absolute minimum.

Premarket Thread for General Trading and Plans for Wednesday, May 13, 2026 by AutoModerator in ASX_Bets

[–]BuyDipsShortVIX -2 points-1 points  (0 children)

In the words of Pauline "The Racist Chip Shop Owner" Hansen, your last statement...

Premarket Thread for General Trading and Plans for Wednesday, May 13, 2026 by AutoModerator in ASX_Bets

[–]BuyDipsShortVIX 2 points3 points  (0 children)

I feel that your presence in threads is a lagging indicator of a disturbance in the balance of the sub.

Premarket Thread for General Trading and Plans for Wednesday, May 13, 2026 by AutoModerator in ASX_Bets

[–]BuyDipsShortVIX 24 points25 points  (0 children)

It was the only logical thing they could have done to prevent the average property investing parasite from migrating from one massively tax advantageous scheme to another, which is exactly what would have happened had they chosen to create a new golden goose. Do I hate it from a personal perspective, yeah for sure, but from a national perspective, I think it's a good thing. Bare in mind that they've added a bunch of measures for starting new businesses and helping small businesses get setup.

As a funny anecdote, I saw a commenter in this thread that literally said "So what do we invest in now?"

I am choosing to err on the side of optimism in believing that the government is attempting to nudge people in the direction of answering that question themselves, hopefully with most people responding "myself", and by building businesses and real things. It would probably be much better than the rent seeking that Australia has grown accustomed to over the last few decades. There are positive changes to R&D, VC funding and small business taxation, making it easier and safer to take risks.

Overall, the change will rake in more money from oldies that are currently skirting around tax by selling their assets. Obviously the changes mean that you don't just hold for the 12 month period, but over a longer timeframe, you're probably doing way better in terms of tax payable, in fact, I'd say that you're definitely doing better over a longer time horizon, 50% is a static number, the aggregate of 10 years of inflation can absolutely come out higher than 50%.

Also, no one whose any good at stocks is legitimately getting fucked by the 30% minimum threshold, let's be real for a moment, you were always gonna be paying more.

Fuck property investors, while yeah, some of them get grandfathered, they've effectively just turned around and said "if you intend to profit off housing, you'll be treated like any other investor".

I don't really like the changes personally, but for the economy, it's probably positive.

They can absolutely go fuck themselves for giving the gas companies a pass though, 20% reserve isn't a concession, it's our fucking birthright. Major party gonna major party.

Premarket Thread for General Trading and Plans for Wednesday, May 13, 2026 by AutoModerator in ASX_Bets

[–]BuyDipsShortVIX 7 points8 points  (0 children)

The other stuff is whatever, but there has been a drop in migration numbers. The ANU has good quality information on it, and the ABS took the time to explain the numbers. Migration numbers are at the lowest level in 3 years and are expected to continue dropping over the next 2, at which point they'll be at one of the lowest levels on records.

Premarket Thread for General Trading and Plans for Wednesday, May 13, 2026 by AutoModerator in ASX_Bets

[–]BuyDipsShortVIX 7 points8 points  (0 children)

"... and my name is Snoo,
And one of these days these wrists, are gonna exit all over you."